First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Bought by Private Client Services LLC

Private Client Services LLC lifted its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 24.4% during the fourth quarter, Holdings Channel reports. The firm owned 11,342 shares of the company’s stock after acquiring an additional 2,227 shares during the quarter. Private Client Services LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $236,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in LGOV. LPL Financial LLC grew its position in First Trust Long Duration Opportunities ETF by 36.6% during the 2nd quarter. LPL Financial LLC now owns 1,907,465 shares of the company’s stock worth $40,114,000 after purchasing an additional 511,163 shares during the last quarter. Raymond James & Associates grew its holdings in shares of First Trust Long Duration Opportunities ETF by 181.5% during the third quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock worth $15,841,000 after buying an additional 456,002 shares during the last quarter. Stifel Financial Corp increased its position in First Trust Long Duration Opportunities ETF by 447.3% in the 3rd quarter. Stifel Financial Corp now owns 217,161 shares of the company’s stock valued at $4,864,000 after acquiring an additional 177,485 shares during the period. HighTower Advisors LLC raised its stake in First Trust Long Duration Opportunities ETF by 17.1% during the 3rd quarter. HighTower Advisors LLC now owns 938,764 shares of the company’s stock valued at $21,033,000 after acquiring an additional 137,364 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in First Trust Long Duration Opportunities ETF by 21.3% during the 3rd quarter. Stephens Inc. AR now owns 729,784 shares of the company’s stock worth $16,347,000 after acquiring an additional 127,913 shares during the period.

First Trust Long Duration Opportunities ETF Price Performance

NYSEARCA:LGOV opened at $20.68 on Thursday. The stock’s 50 day simple moving average is $21.18 and its 200-day simple moving average is $21.64. First Trust Long Duration Opportunities ETF has a 12-month low of $20.07 and a 12-month high of $23.64.

First Trust Long Duration Opportunities ETF Company Profile

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.